About Nammo
Nammo is a company based in Raufoss (Norway) founded in 1998.. The company has 1 employees as of March 29, 2024. Nammo has completed 4 acquisitions, including Berger Bullets, Chemring Ordnance and Pocal. Nammo offers products and services including Ammunition, Rocket Motors, and Shoulder Fired Systems. Nammo operates in a competitive market with competitors including FN Herstal, Sierra Bullets, True Velocity, Solar Group and Sellier & Bellot, among others.
- Headquarter Raufoss, Norway
- Employees 1 as on 29 Mar, 2024
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Sectors
Aerospace, Defense & Maritime
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Email
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Phone
*********
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Website
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Social
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- Legal Name Nammo India Private Limited
- Date of Incorporation 29 Apr, 2016
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$433.55 K (USD)5.06as on Mar 31, 2023
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Net Profit
$32.62 K (USD)2.18as on Mar 31, 2023
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EBITDA
$40.15 K (USD)-3.21as on Mar 31, 2023
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Latest Funding Round
$530.7 K (USD), Grant
Dec 01, 2023
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Investors
European Union
& 1 more
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Employee Count
1
as on Mar 29, 2024
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Investments & Acquisitions
Berger Bullets
& 3 more
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Products & Services of Nammo
Nammo offers a comprehensive portfolio of products and services, including Ammunition, Rocket Motors, and Shoulder Fired Systems. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Specialty ammunition for military and defense operations worldwide
Engines used in rockets and missiles for space and defense
Portable systems for tactical military applications and security
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Leadership Team
12 people
Software Development Team
8 people
Sales and Marketing
8 people
Product Management Team
7 people
Board Team
6 people
Creative and Marketing Team
3 people
Human Resources and Administration
3 people
Program Team
3 people
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Funding Insights of Nammo
- Total Funding Total Funding
- Total Rounds 7
- Last Round Grant — $530,704
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2023 | Amount | Grant - Nammo | Valuation |
investors |
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| Feb, 2020 | Amount | Grant - Nammo | Valuation |
investors |
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| Jan, 2016 | Amount | Grant - Nammo | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Nammo
Nammo has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Military Health. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Administers health care and support for military personnel and operations.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Nammo
Nammo has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Berger Bullets, Chemring Ordnance and Pocal. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Ammunitions are manufactured by Pocal in the United States.
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1999 | ||||
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Defense systems are engineered and manufactured for military use.
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1960 | ||||
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Online offering grade rifle bullets for varmint, target, hunting and tactical
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1955 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Nammo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nammo Comparisons
Competitors of Nammo
Nammo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FN Herstal, Sierra Bullets, True Velocity, Solar Group and Sellier & Bellot, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Collaboration among single-family offices is facilitated through a secure network.
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| domain | founded_year | HQ Location |
Precision bullets are manufactured by Sierra Bullets for reloading applications.
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| domain | founded_year | HQ Location |
Ammunition products are manufactured and supplied by True Velocity.
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| domain | founded_year | HQ Location |
Defense and industrial explosives are manufactured for various sectors.
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| domain | founded_year | HQ Location |
Sellier & Bellot is engaged in ammunition manufacturing since 1825.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nammo
Frequently Asked Questions about Nammo
When was Nammo founded?
Nammo was founded in 1998 and raised its 1st funding round 8 years after it was founded.
Where is Nammo located?
Nammo is headquartered in Raufoss, Norway. It is registered at Raufoss, Innlandet, Norway.
How many employees does Nammo have?
As of Mar 29, 2024, the latest employee count at Nammo is 1.
What is the annual revenue of Nammo?
Annual revenue of Nammo is $433.55K as on Mar 31, 2023.
What does Nammo do?
Nammo was founded in 1998 in Raufoss, Norway, where operations are based in the defense sector. Ammunition and rocket motors are manufactured and distributed to military and civilian customers worldwide. Services encompass production of propulsion systems and related components, with a focus on reliability for defense applications. The company maintains facilities across Europe and North America to support global supply chains.
Who are the top competitors of Nammo?
Nammo's top competitors include Solar Group, True Velocity and Sierra Bullets.
What products or services does Nammo offer?
Nammo offers Ammunition, Rocket Motors, and Shoulder Fired Systems.
How many acquisitions has Nammo made?
Nammo has made 4 acquisitions, including Berger Bullets, Chemring Ordnance, and Pocal.
Who are Nammo's investors?
Nammo has 2 investors. Key investors include European Union, and Military Health.
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